Quote Originally Posted by baludoy View Post
a slight devaluation of the peso is the least of our worries. it's capital flight that scares me. a whole lot of people will lose a whole lot of money if and when this happens again. not to mention the fact that investor's confidence will take years to be restored again if this was really a terrorist bombing

Knee jerk reaction on the G2 bombing. Peso closed at P44.20 against the US$. 15c up to previous P44.05.